Paul Feeney has been appointed as chief executive officer (CEO) of the £63 billion arm of Old Mutual’s wealth management business. Old Mutual Wealth Management, which includes Skandia UK, Skandia International, its European business, Skandia Investment Group, and Old Mutual Asset Managers, saw net cash flow of over £2 billion last
Read more →March 2012 UK retail funds under management Retail Sales and Rankings from the Investment Management Association (IMA). Retail Sales – retail sales of UK funds (unit trusts and OEICs). Top 20 Retail Funds Under Management Company Retail Funds Under Management Rank Invesco Perpetual £39,342,316,979 1 M &
Read more →Man Group Plc (EMG), the world’s biggest publicly traded hedge fund manager, reported that clients withdrew a net $1 billion in the first quarter, while costs such as employee bonuses ate up more cash than analysts expected. Source Bloomberg: read full article here;
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